Wed, April 03, 2024 at 09:54

• 

  Joy

  • Hey Annie!

  • Have you heard about the latest buzz in the crypto market?

  • It's all about text-to-video generation!🚀 OpenAI recently unveiled a demo of Sora, their text-to-video generator, and it's got everyone talking.

  • 
• Annie

  • Oh really?

  • That sounds interesting.🤔 But what does that mean exactly?

  
• 

  Joy

  • Well, imagine being able to type something and then having a video generated based on that text!🎥 It's like magic!

  • But to make this mainstream, we're gonna need a lot of computing power.

  • 
• Annie

  • Wow, that's amazing!😲 But how much computing power are we talking about?

  
• ADward

  • Hold on! Behold, an advertisement awaits. Legend has it that clicking on this ad will make the AI server even smarter... 😅

  
• 

  Joy

  • A whole lot!

  • We're talking hundreds of thousands of Graphics Processing Units (GPUs) - more than what big tech companies like Microsoft, Meta, and Google combined currently use.😮

• Annie

  • That's a lot of GPUs!🤯 But why do we need so many?

  
• 

  Joy

  • Great question!

  • So, these GPUs from companies like Nvidia and AMD are needed to compute large volumes of data.

  • For instance, Sora requires up to 10,500 powerful GPUs for a month to train and can generate only about 5 minutes of video per hour per GPU.😅

• Annie

  • That sounds like a huge investment.💰 How much would all those GPUs cost?

  
• 

  Joy

  • Oh, it's a pretty penny!

  • Assuming a cost of $30,000 per card, it would take $21.6 billion to make AI-generated text-to-video mainstream.

  • That's nearly the entire market cap of AI tokens at the moment!😱

  • 
• Annie

  • Wow, that's a lot of money!💸 But is there any other way to get that much computing power?

  
• 

  Joy

  • There are other ways to outsource computing power to GPU farms.

  • For example, Render (RNDR) offers distributed GPU computing, as does Akash Network (AKT).

  • But most of the GPUs on these networks are less powerful than Nvidia's server-grade H100 or AMD's competition.🤔

  • 
• Annie

  • So, is this good news or bad news for the market?

  • What kind of impact will it have?

  
• 

  Joy

  • Well, it's definitely exciting news!

  • The promise of text-to-video could revolutionize creative workflows.

  • But it's also a massive challenge.

  • We're going to need more chips and that means potential growth for companies like Nvidia and AMD.

  • So, in my opinion, it's good news!🎉

  • To sum up, this article is considered a 😍Bullish for investors!!